New System Promises To Make Aircraft Valuation Easy

 - December 18, 2012, 2:15 PM

Asset Insight has released a new tool that it says will enable aircraft buyers, sellers and lenders to accurately assess the maintenance condition of an aircraft in order to assign a more accurate value to it. The Amissville, Va.-based company’s asset grading process is based on algorithms analyzing the current age, hours and cycles on major areas such as airframe, engines, paint and interior for virtually any aircraft flying today, as well as the cost to repair or replace those items.